The relationship of landlord/tenant or lessor/lessee is created by contract. The person who owns the real property is known as the lessor or landlord. The lessee, or tenant, is the one who occupies the property.
Tenancies are classified by duration as tenancies for years, from year to year, month to month, and at will. A tenancy for years is one under which the tenant has an estate of definite duration. The term "for years" is used to describe such a tenancy even though the duration of the tenancy is for only one year or for less than a year. A tenancy from year to year or month to month is one under which a tenant, holding an estate in land for an indefinite duration, pays an annual, monthly, or weekly rent.
Guam Lease of Unfurnished House A Guam lease of an unfurnished house refers to a formal agreement between a landlord and a tenant for the rental of a residential property on the island of Guam. This lease type is specifically for houses that are not furnished, meaning the tenant will need to provide their own furniture, appliances, and other necessary items. The Guam lease of an unfurnished house typically outlines the terms and conditions of the rental arrangement, including the duration of the lease, rent amount, security deposit, responsibilities of both the landlord and tenant, and any additional rules or regulations specific to the property. The lease protects both parties by clearly defining their rights and obligations. There are different types of Guam leases of unfurnished houses, each suited to specific requirements or situations. Some of these lease types include: 1. Long-term Lease: This refers to a rental agreement with a duration of six months or longer, often extending to multiple years. Long-term leases provide stability for tenants and landlords alike. These agreements are commonly chosen by individuals or families who plan to reside in Guam for an extended period. 2. Short-term Lease: Short-term leases are rental agreements with durations ranging from a few weeks to six months. They are ideal for individuals or families seeking temporary housing solutions, vacation rentals, or interim accommodations while searching for a permanent residence. 3. Month-to-Month Lease: Month-to-month leases offer flexibility to tenants as they typically don't have a fixed term. This type of lease automatically renews at the end of each month until either the tenant or the landlord terminates the agreement with proper notice. 4. Fixed-term Lease: A fixed-term lease has a specific duration agreed upon by both parties. This type of lease is often used when tenants desire the security of knowing they can reside in the property for a defined period without the risk of unexpected rent increases or lease terminations. When considering a Guam lease of an unfurnished house, tenants should carefully read and understand the terms and conditions mentioned in the lease agreement. This includes clarifying aspects such as maintenance responsibilities, utilities, pet policies, early lease termination provisions, and any additional fees or penalties. Finding the right Guam lease of an unfurnished house involves thorough research, understanding the type of lease desired, and assessing the property's location, amenities, and rental cost. Seeking legal advice or consulting with a real estate professional familiar with Guam's rental market can help ensure a smooth and satisfactory leasing experience.Guam Lease of Unfurnished House A Guam lease of an unfurnished house refers to a formal agreement between a landlord and a tenant for the rental of a residential property on the island of Guam. This lease type is specifically for houses that are not furnished, meaning the tenant will need to provide their own furniture, appliances, and other necessary items. The Guam lease of an unfurnished house typically outlines the terms and conditions of the rental arrangement, including the duration of the lease, rent amount, security deposit, responsibilities of both the landlord and tenant, and any additional rules or regulations specific to the property. The lease protects both parties by clearly defining their rights and obligations. There are different types of Guam leases of unfurnished houses, each suited to specific requirements or situations. Some of these lease types include: 1. Long-term Lease: This refers to a rental agreement with a duration of six months or longer, often extending to multiple years. Long-term leases provide stability for tenants and landlords alike. These agreements are commonly chosen by individuals or families who plan to reside in Guam for an extended period. 2. Short-term Lease: Short-term leases are rental agreements with durations ranging from a few weeks to six months. They are ideal for individuals or families seeking temporary housing solutions, vacation rentals, or interim accommodations while searching for a permanent residence. 3. Month-to-Month Lease: Month-to-month leases offer flexibility to tenants as they typically don't have a fixed term. This type of lease automatically renews at the end of each month until either the tenant or the landlord terminates the agreement with proper notice. 4. Fixed-term Lease: A fixed-term lease has a specific duration agreed upon by both parties. This type of lease is often used when tenants desire the security of knowing they can reside in the property for a defined period without the risk of unexpected rent increases or lease terminations. When considering a Guam lease of an unfurnished house, tenants should carefully read and understand the terms and conditions mentioned in the lease agreement. This includes clarifying aspects such as maintenance responsibilities, utilities, pet policies, early lease termination provisions, and any additional fees or penalties. Finding the right Guam lease of an unfurnished house involves thorough research, understanding the type of lease desired, and assessing the property's location, amenities, and rental cost. Seeking legal advice or consulting with a real estate professional familiar with Guam's rental market can help ensure a smooth and satisfactory leasing experience.
